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Property profile & analytics
OFF-MARKET
Land

209 Apple Ave Dothan, AL 36303

1.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.39-acre commercial land parcel, located at 209 Apple Avenue in Dothan, Alabama (zip code 36303), presents a remarkable investment opportunity. Zoned B-2, this property boasts a generous 59,640+/- square foot lot (210' x 284'), situated within Lot 5, Block "B" of the Westbrook Retail Subdivision, a planned extension of Apple Avenue. Its strategic location offers unparalleled visibility and accessibility, directly adjacent to the thriving Westway Shopping Center, home to national retailers such as McDonald's, Publix, Hardee's, Wendy's, Five Guys, and Verizon. The property's proximity to Flowers Hospital and Grove Park further enhances its desirability. Ideal for a variety of commercial uses, including restaurants, retail establishments, and professional offices, this site provides all utilities on-site and includes storm water detention. A private roadway ensures convenient access. Additional adjacent land is available for larger-scale developments such as "Big Box" retail, hotels, or lodging facilities. The owners are open to considering ground lease options. This property represents a rare chance to secure a prime location in a rapidly growing area of Dothan.

Property profile
Verified
Property type Land
Lot 1.39 ac (60,548 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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